BLDRS Europe Select ADR Index Fund (ADRU)

Investment Objective

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the price and yield performance of the Bank of New York Europe 100 ADR Index.
The fund typically invests substantially all of its assets in the securities that make up the index.The index is intended to give investors a benchmark for tracking the price and yield performance of European Depositary Receipts. the fund is non-diversified.